]Y}~ t|{}q#1p2fw,W@1 9g=>v%~ \j!&aY(a( zAFB7a $. My&6S*_ ?= If the problem continues, please call the Fannie Mae Customer Interaction Center, 1-800-232-6643. When the mortgage loan or borrower information changes and it no longer matches the !)w80e) -&}8Mi[v"=DqCla;. Loan Application Gather and complete 1003 mortgage application form. This report is described in Fannie Mae Error: 11352. (For best result, pose your search like a question. Fannie Mae's automated mortgage loan underwriting system Desktop Underwriter (DU ) helps lenders efficiently complete credit risk assessments to establish a home loan's eligibility for sale and delivery to Fannie Mae with easy-to-use, powerful tools. uP8?OkU8"Qd73*OZOYJsvWZc|8NsAveW +\ determine if the loan complies with the applicable guidelines (see DU identifies low-risk factors that can offset high-risk factors. DU evaluates mortgage delinquency risk and arrives at an underwriting recommendation Fannie Mae Error: 111352. The Technology Terms and Conditions previously provided on this page are now located in the new Consolidated Technology Guide. the loan casefile receives an eligible recommendation from DU on the final submission. 0 If the lender enters "Confirmed CR FC Incorrect," the lender must then document the foreclosure was completed seven or more years from the disbursement date of the new loan, or that the account was not subject to foreclosure and the loan complies with all other applicable requirements. Watch this video if you're getting DU error code 101636 when you're using Fannie Mae underwriting services! contains information that is different than the information used to prepare the final information from other Fannie Mae published sources. 707 0 obj <>/Filter/FlateDecode/ID[<1EE3221167D2D646937ADE8B2663EBD1><091B4DDB84D45C4FA1627D2867DBC1C7>]/Index[689 38]/Info 688 0 R/Length 90/Prev 132912/Root 690 0 R/Size 727/Type/XRef/W[1 2 1]>>stream When underwriting loans with DU, the lender must: employ prudent underwriting judgment in assessing whether a loan casefile should be Qualify more homebuyers using an asset report. Invalid report format specified. application. %%EOF For more information about DU Job Aid from Fannie Mae, click here and Freddie Mac LP Guide here. "&N7@XHHBi@B'#dF0 >stream Center, Apps submission are recorded on each report, along with the unique loan casefile ID. & Insights, Pricing & ), Selling, Securitizing, and Delivering Loans, Research Trademarks of Fannie Mae. D1-3-03, Lender Post-Closing Quality Control Review of Data Integrity including, without limitation, a loans potential status as a qualified mortgage under Smart, fast, efficient underwriting. the borrowers credit history was accurate and complete; determine if there is any potentially derogatory or contradictory information that E DU conducts its analysis uniformly, and without regard to race, gender, or other prohibited Fannie Mae customers! HWo0jq$vnjND i'9J! }031d!?hlG [F,Zg8ak"a2/ :N1z-I KDoIIJ`MLa^ +Rc2 If you still have Technical Support questions, Execution, Learning applicable laws and regulations, and these compliance obligations may not be imposed Ask Poli is an Artificial Intelligence powered search tool. Having Issues with Seeing this Page Correctly? DU streamlines lending so our customers can: provided by the borrower during the loan application process is accurate and complete; by relying on a comprehensive examination of the primary and contributory risk factors If the error is not fixed, then that loan will not get a counter. and lists the steps necessary for the lender to complete the processing of the loan Center, Apps underwriting through DU or manual underwriting. This Job Aid contains a description of the most common DU error codes and provides ways to resolve them. DU uses validated, statistically significant variables that have been shown as had previously been underwritten through DU prior to closing using another loan Access forms, announcements, lender letters, legal documents, and more to stay current on our selling policies. B3-5.3-07, Significant Derogatory Credit Events Waiting Periods and Re-establishing Credit). Fannie Mae customers! We recommend that you use the latest version of FireFox or Chrome. & Technology, News & file. Ask Poli features exclusive Q&As and moreplus official Selling & Servicing Guide content. take action when erroneous data in the credit report or contradictory or derogatory In the Loan Overview section, click Warning/Error Messages . updated with information from the most recent submission. (See Ask Poli features exclusive Q&As and moreplus official Selling & Servicing Guide content. recurring income, and the cumulative effect that these and other risk factors have fm.external.html.form.login.template.missingField Password * Required ! For additional information, view the DU Error Codes job aid and the DU Job Aids. to this topic. B3-2-03, Risk Factors Evaluated by DU) It analyzes the information in the loan casefile to reach an overall credit risk DU streamlines lending so our customers can:, Through Desktop Originator (DO), sponsored mortgage brokers have access to DU.. that has been archived must be re-underwritten, a new loan casefile must be created When several q`/bY`ou& \WDp>+R5qX8;/0 CYNKn:j. the mortgage loan; however, the first submission to DU for underwriting purposes must approved and delivered to Fannie Mae; confirm the accuracy of the data it submits, making sure that it did not fail to submit Please login as a "Technology Manager" for Fannie Mae, click on "Manage System IDs" link on Dashboard. to the extent required by applicable law) equity investment, credit history, liquid Deactivate Sponsoring Lender Relationships, DU for Government Loans Release | Apr. must also be obtained. For a comprehensive list of resources such as access forms, announcements, lender letters, notices and more. Ask Poli features exclusive Q&As and moreplus official Selling & Servicing Guide content. Thisworkbook is in Excel (.xls) format. Execution, Learning PK ! The lender must include both the final signed and the updated unsigned apply. We recommend that you use the latest version of FireFox or Chrome. { 7"[)kHi}B^|}ssf]=oWPDLL*15N*w{/"0 Snh/lISE?>S.Rd u+t of the borrowers equity investment, credit history, liquid reserves, reliable and hWmO#7+x %%EOF We recommend that you use the latest version of FireFox or Chrome. Ask a full question like, How do I document overtime or bonus income?, Job Aid: DU Error Codes & Messages - Complete List (.xls file), Job Aid: Resolving DU Credit-Related Error Codes, B3-5.2-01,Requirements for Credit Reports, How to do a hard refresh in Internet Explorer. The loan casefile will be subject to the policies in effect for Fannie Mae is not responsible for retaining loan casefiles any data that might have affected the DU recommendation had it been known; ensure that the loan complies with all of the verification messages and approval conditions hb```i,| cbL1OZzZ$*g wi5n&`s4dh[;YVj@j[*::D%(Tt4 MA@@ Z v(8HQqPmd)q 7+800l 1,@A), cY: reserves, reliable and recurring income, and the cumulative effect that these and Center, Apps The validation service is an optional service available only for conventional loans underwritten through DU. If you have additional questions, Fannie Mae customers can visit Ask Poli to get While every effort has been made to ensure the reliability of the content in Ask Poli, Fannie Mae's Selling Guide and its updates, including Guide Announcements and Release Notes, are the official statements of Fannie Mae's policies and procedures, and should be complied with in the event of discrepancies between information provided . for resubmission purposes. Get answers to your Selling Guide & policy questions with Fannie Mae's AI-powered search tool. %PDF-1.7 % Each time a loan casefile is resubmitted to DU, the information in these reports is If you are still receiving the same error after applying the remedy to the error code, please contact the Technology Support Center at 1-800-232-6643, option 1, then option 1. d `dg)a9qSBK-o]1oV 20 D@Z! 1010 Error Details Fannie Mae DU Troubleshooting Guide Error reads: Fannie Mae Error code Please Resubmit This is a credit agency generated error. Lenders bear sole responsibility for complying with Visit Selling and Servicing Guide Communications and Forms. For a comprehensive list of resources such as access forms, announcements, lender letters, notices and more. If quality control is performed after delivery, see This link will exist for successful DU submissions, as well as DU submissions that result in an error. This Job Aidprovides a complete list of potential error codes andmessages that appear in Desktop Originator(DO)/Desktop Underwriter (DU) for Credit, Underwriting, and Casefile Data Services. For additional information, see B4-1.3-04, Site Section of the Appraisal Report Ask Poli features exclusive Q&As and moreplus official Selling & Servicing Guide content. DU; and. Center, Apps 8S/t#J? xk+1uy 0 "M)[^lt9$UR%,i3=+MLLx$a;-41o7v%]S#y.m-!3[7=r\m[p?URPA@\_no3ms~uhLT46;z6qZV( NmIiz?3vxh\1#F+53n8cS]r^[ %p+? 1075 0 obj <>/Filter/FlateDecode/ID[]/Index[1046 57]/Info 1045 0 R/Length 124/Prev 176164/Root 1047 0 R/Size 1103/Type/XRef/W[1 2 1]>>stream The goal of the Uniform Mortgage Data Program (UMDP ) is to implement standard datasets that make it easier for industry to exchange information with Freddie Mac and Fannie Mae (the GSEs) and to share data among various stakeholders within the industry. DU Potential Error Codes and Messages Job Aid Updated: May 2021 This Job Aid provides a complete list of potential error codes and messages that appear in Desktop Originator (DO)/Desktop Underwriter (DU) for Credit, Underwriting, and Casefile Data Services. (For best result, pose your search like a question. Fannie Mae's underwriting policies include an evaluation of the borrower's (or spouse's to the extent required by applicable law) equity investment, credit history, liquid reserves, reliable and recurring income, and the cumulative effect that these and other risk factors have on mortgage loan performance. (based on the note date) or 12 months after initial closing for single-closing construction-to-permanent %PDF-1.7 % information from other Fannie Mae published sources. If counters are skipped or blank, then the count starts all over again at zero. A hard refresh will clear the browsers cache for a specific page and force the most recent If the new credit report ID in the loan file; the DU submission using the new loan casefile occurs no more than 60 days after closing Sb See DU Job Aid here. Visit Selling and Servicing Guide Communications and Forms. The purpose of this job aid is to provide technical information to support DU direct integrators and customers. A system error will be returned in the be returned in the MP_STATUS_LOG Loan Application Data Warnings Upon import to DU, the loan application submission file will be validated against the Fannie Mae DU Schemas. -@,d|-Sj;V This refers to the reference number that is attached to the DU findings; specifically to a CoreLogic Credit report, as H2o Defaults to Credco CoreLogic. & Insights, Pricing & is at a manageable level, reducing the time required by DU to search for and retrieve This Job Aid provides the description of the error codes that appear in Desktop Originator(DO)/Desktop Underwriter (DU) related to credit agencies and remedies to help resolve them. For example, if a foreclosure was reported in the credit report but was not detected After a loan casefile is archived from DU, it cannot be restored. Both methods include an evaluation Job Aid: DU Error Codes & Messages - Complete List (.xls file) (contains list of error codes and messages for DU, Credit, Underwriting, and Casefile Data Services) Job Aids: DU Application (set of task-based instructions that take you through the most commonly used functions of the DU application) casefile, and that loan casefile received an eligible recommendation from DU; the lender retains the DU Underwriting Findings Report from the original loan casefile ~Tw4`_Y $LYqApMq/001,20s If you still have Technical Support questions, If you have additional questions, Fannie Mae customers can visit Ask Poli to get B5-3.1-02, Conversion of Construction-to-Permanent Financing: Single-Closing Transactions); and. EarlyCheck is a new web-based program that provides lenders with access to Fannie Mae Loan Quality Initiative (LQI) delivery data checks at any point in the lender's business process. @pb` Create more access to lending for borrowers with no credit score. Please write in the comments what you were doing when you got this error. The DU Underwriting Findings report summarizes the overall underwriting recommendation enable the lender to consider various scenarios in evaluating a borrowers willingness " w=d4\b00120md` ?C X Note: The credit report must meet the allowable age of documents as of the note date. other risk factors have on mortgage loan performance. as stated above, when a new credit report is requested, the lender complies with the B3-2-07, Refer with Caution Recommendations. 1046 0 obj <> endobj We recommend that you use the latest version of FireFox or Chrome. A hard refresh will clear the browsers cache for a specific page and force the most recent version of a page. 2y?7EIk\V&IS&/4z&/Fg%?|<2Y|lp`Yv0F>\7np(ER~+U`0x7.y6N-Zg#5i;%.]|dm{.28|QNl$QMzYLjObza6fd8qw@&j#{0 X =cEB5c*Q!Xan( YQQ&9u6d[$O7fFMcr>_wu~nziGONtCO aiEP#x/_pg"!X8fOi `PY)tsp3t: y'ZHY;h8\h}h +b"|^P$ U$ UQ>i>`@\@.I&1@] {`"h-9o:! Fannie Mae offers lenders two options for conducting a comprehensive risk assessmentautomated specified in the DU Underwriting Findings report; apply due diligence when reviewing the documentation in the loan file; review the credit report to confirm that the data that DU evaluated with respect to loan; the loan complies with the requirements specified in Having Issues with Seeing this Page Correctly? Automate the data validation process and reach closing dates faster. Fannie Maes underwriting policies A hard refresh will clear the browsers cache for a specific page and force the most recent [Content_Types].xml ( n0EE'mE6@R[ZK8i( s8v#D4U\qM%~=||rZuA%va vX(|p|gUA+Nod % 1}ZwT|8Q|=*BLA/L&~45h_-K"(- c"^ feel free to email. must be updated. grounds for a decision that is different from the recommendation that DU delivered. A PDF version of the Guide and other related content is available on theConsolidated Technology Guide page. and capacity to repay the mortgage loan. to DU, a new credit report must be requested. hb```,|. For a comprehensive list of resources such as access forms, announcements, lender letters, notices and more. Note:If you are still receiving the same error after applying the remedy to the error code, please contact the Technology Support Center at 1-800-232-6643, option 1, then option 1. version of a page. & Technology, News & Events, Job Aid: DU Error Codes & Messages - Complete List (.xls file), Job Aid: Resolving DU Credit-Related Error Codes, B3-5.2-01,Requirements for Credit Reports, How to do a hard refresh in Internet Explorer. The non-credit risk factors evaluated by DU include: the borrower's equity and LTV ratio, liquid reserves, loan purpose, loan term, loan amortization type, occupancy type, debt-to-income ratio, housing expense ratio, property type, co-borrowers, and variable income. application; and render a decision to either approve or decline the mortgage loan Consider rent payments to help first-time homebuyers qualify. Thisworkbook is in Excel (.xls) format. hViH+1! Wait for 5 minutes then the ID can be inputted in Settings / Actions area. B3-2-11, DU Underwriting Findings Report. Ask Poli is an Artificial Intelligence powered search tool. used for qualifying; conduct a comprehensive risk assessment of each mortgage loan include documentation in the loan file that supports the lenders assessment of the Access forms, announcements, lender letters, legal documents, and more to stay current on our selling policies. feel free to email. The Fannie Mae Desktop Underwriter (DU) validation service resource center shows mortgage lenders and loan officers how to use and integrate this efficient, successful tool into their application-to-close workflow. This Job Aidprovides a complete list of potential error codes andmessages that appear in Desktop Originator(DO)/Desktop Underwriter (DU) for Credit, Underwriting, and Casefile Data Services. Get answers to your Selling Guide & policy questions with Fannie Mae's AI-powered search tool. The Underwriting Analysis report contains much of the same information requested on While every effort has been made to ensure the reliability of the content in Ask Poli, Fannie Mae's Selling Guide and its updates, including Guide Announcements and Release Notes, are the official statements of Fannie Mae's policies and procedures, and should be complied with in the event of discrepancies between information provided . A hard refresh will clear the browsers cache for a specific page and force the most recent application, if applicable; the loan has not yet been delivered to Fannie Mae; the loan has the same information (for example, the same borrower(s) and property) the Uniform Underwriting and Transmittal Summary (Form 1008). endstream endobj startxref version of a page. 691 0 obj <>/Filter/FlateDecode/ID[]/Index[672 42]/Info 671 0 R/Length 102/Prev 304271/Root 673 0 R/Size 714/Type/XRef/W[1 3 1]>>stream (For best result, pose your search like a question. & Insights, Pricing & feel free to email. If the problem continues, please call the Fannie Mae Customer Interaction Center, 1-800-232-6643. PK ! When a Schema validation check fails, validation errors will be returned in the response indicating invalid data type (s). Events, Job Aid: DU Error Codes & Messages - Complete List (.xls file), B3-5.2-01,Requirements for Credit Reports, How to do a hard refresh in Internet Explorer. endstream endobj 690 0 obj <>/Metadata 29 0 R/Outlines 42 0 R/Pages 687 0 R/StructTreeRoot 44 0 R/Type/Catalog/ViewerPreferences 708 0 R>> endobj 691 0 obj <>/MediaBox[0 0 792 612]/Parent 687 0 R/Resources<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI]/XObject<>>>/Rotate 0/StructParents 0/Tabs/S/Type/Page>> endobj 692 0 obj <>stream Note:If you are still receiving the same error after applying the remedy to the error code, please contact the Technology Support Center at 1-800-232-6643, option 1, then option 1. $W s@*\@H\ UM$ 689 0 obj <> endobj closed loan, provided all of the following conditions are met: the above lender responsibilities are met, including the updating of the final loan Note: If the quality control function is performed before delivery, the above requirements